created by Glenn Tamashiro

Hello and welcome. This site was developed to keep you informed about the various lessons and activities that are held in our Government/Economics and Honors Government/AP Macroeconomics classes.

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Spring Break

Spring Break Logo1

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APMacro: Multiple Choice Practice

Show-What-You-Know       thinking3

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Gov: Judicial Branch Quiz

citizenship-test   Judicial Branch Quiz     Paw - Integrity_sm

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APMacro: Fiscal Policy FRQ

Student Writing       Show-What-You-Know

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Gov: Judicial Branch Review

judicial-system_b

Judicial system review worksheet:

  • Identify the organization and jurisdiction of federal, state, and local courts and the interrelationships among the various types of courts.
  • Determine the role that judges play in the court system and describe the ways they are appointed.
  • Explain the structure, function, and process of the Supreme Court.

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Forecasting

Forecasting-logo

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AP Macro: Short Run to Long Run

 

Suppose the aggregate demand shifts from AD to AD1. Assuming that no monetary or fiscal policy is undertaken, how will the economy react over time?

SR to LR no government action - AD shift

The increase in the price level means that real wages have fallen. Labor will push for higher nominal wages to compensate for the higher price level. The increase in nominal wages will shift the aggregate supply curve to the left. Eventually, the economy will return to the potential output level, but at a higher price level. This is the process of adjustment over the long run.

Suppose the aggregate supply shifts from SRAS to SRAS1. Assuming that no monetary or fiscal policy is undertaken, how will the economy react over time?

SR to LR no government action - SRAS shift

Output will decrease because of the decrease in short-run aggregate supply. Because the level of unemployment increases, it has driven nominal wages down. Because of the decrease in nominal wages, the short-run aggregate supply curve will shift back to the original SRAS.

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